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Concept Ct 5,057 sq ft Office Unit Offered at £550,000 in Folkestone CT19 4RH
Investment Highlights
- The property is situated on the Shearway Business Park, positioned on the outskirts of Folkestone Town centre just off Junction 13 of M20 Motorway.
- The first floor is arranged as a mix of open plan offices and meeting rooms, a modern fitted staff kitchen and break out area, and shower room.
- The property comprises a modern attached business unit of steel frame construction
Executive Summary
The property comprises a modern attached business unit of steel frame construction, having brick elevations, high quality mini rib cladding and aluminium windows. Arranged over two floors, it comprises a ground floor warehouse with offices and staff areas on first floor level. Accessed from an professional entrance lobby, the ground floor is arranged as an open warehouse/ packaging area, which incorporates a loading bay with electric roller shutter door. It is finished to a good modern specification, having gas central heating via panel radiators, modern lighting and carpeted flooring. The first floor is arranged as a mix of open plan offices and meeting rooms, a modern fitted staff kitchen and break out area, and shower room. It is finished an equally modern specification having gas central heating supplemented by air conditioning, a suspended ceiling incorporating LED light boxes, perimeter trunking incorporating power and data, and carpeted flooring. There are both male and female toilets on each floor. Externally, the property benefits from 16 allocated car parking spaces
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment or Owner Occupier | Tenure | Long Leasehold |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
We are instructed to sell the long leasehold interest (999 years from 2018) in the property with vacant possession.
Price
Our clients are seeking offers in in the region of £550,000 on an unconditional basis for the long leasehold interest.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit K | 5,057 sq ft | Office | £550,000 (£108.76/sq ft) | - |
Unit K
| Unit Size |
| 5,057 sq ft |
| Unit Use |
| Office |
| Price |
| £550,000 (£108.76/sq ft) |
| NOI |
| - |
Unit K
| Unit Size | 5,057 sq ft |
| Unit Use | Office |
| Price | £550,000 (£108.76/sq ft) |
| NOI | - |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Description | |
| Description The property comprises a modern attached business unit of steel frame construction, having brick elevations, high quality mini rib cladding and aluminium windows. Arranged over two floors, it comprises a ground floor warehouse with offices and staff areas on first floor level. Accessed from an professional entrance lobby, the ground floor is arranged as an open warehouse/ packaging area, which incorporates a loading bay with electric roller shutter door.</li></ul> | |
| Sale Notes | |
| Terms<br> We are instructed to sell the long leasehold interest (999 years from 2018) in the property with vacant possession.<br> Price<br> Our clients are seeking offers in in the region of £550,000 on an unconditional basis for the long leasehold interest.</li></ul> |
Property Facts
| Total Property Size | 12,030 sq ft | Floors | 2 |
| Property Type | Light Industrial (Unit) | Typical Floor Size | 6,039 sq ft |
| Property Subtype | Light Distribution | Year Built | 2019 |
| Costar Property Class | B | Total Plot Size | 2.14 ac |
| Total Property Size | 12,030 sq ft |
| Property Type | Light Industrial (Unit) |
| Property Subtype | Light Distribution |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 6,039 sq ft |
| Year Built | 2019 |
| Total Plot Size | 2.14 ac |
Amenities
- Security System
- Air Conditioning
Utilities
- Sewer - City
Presented by
Company Not Provided
Concept Ct
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